Vermilion Energy Inc. (VET) Stock

Vermilion Energy Inc., along with its subsidiaries, is actively involved in the acquisition, exploration, development, and production of petroleum and natural gas across diverse regions spanning North America, Europe, and Australia. The company holds substantial interests in various prolific oil and gas basins, underscoring its global operational footprint. In Canada, Vermilion owns a significant 81% working interest in 636,714 net acres of developed land and an 85% working interest in 301,026 net acres of undeveloped land. In the United States, the company holds 130,715 net acres in the Powder River basin, focusing on enhancing its exploration and production capabilities.

Internationally, Vermilion Energy maintains a robust presence with a strategic 96% working interest in 248,873 net acres of developed land and an 86% working interest in 134,160 net acres of undeveloped land across the Aquitaine and Paris Basins in France. Additionally, the company holds a 53% working interest in 901,791 net acres in the Netherlands, and significant acreages in Germany, Croatia, Hungary, and Slovakia, totaling over a million net acres combined. Vermilion also owns a 20% interest in the offshore Corrib natural gas field in Ireland and operates the Wandoo offshore oil field in Western Australia, covering 59,553 acres.

Founded in 1994 and headquartered in Calgary, Canada, Vermilion Energy Inc. is recognized for its strategic approach to resource management and operational excellence. With a diverse portfolio of assets and a commitment to sustainable practices, the company continues to leverage its technical expertise and innovative solutions to optimize production and explore new opportunities in the global energy market. Vermilion Energy remains dedicated to delivering value to its stakeholders while contributing to the responsible development of energy resources worldwide.